27 Oct 2021

Consumers paying more for power due to Tiwai deal

From Nine To Noon, 9:40 am on 27 October 2021
Tiwai Point aluminium smelter is owned by Rio Tinto, the second largest metals and mining corporation in the world.

Photo: Otago Daily Times / Stephen Jaquiery

The Electricity Authority says households may be paying an extra $200 per year for power, as they subsidise the cheap energy the Tiwai Point Aluminium Smelter receives.

The Authority has just released its review into the wholesale electricity market to see if it's competitive. RNZ Business Editor Gyles Beckford speaks with Kathryn.